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drive innovation. …
Persistent link: https://www.econbiz.de/10005032006
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005090571
A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...
Persistent link: https://www.econbiz.de/10005090542
A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...
Persistent link: https://www.econbiz.de/10005090606
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issues will be cross classified with J23; those focusing on innovation and entrepreneurship will be cross classified with O31 … the questions this review covers the intersection of entrepreneurship with labor markets, innovation and capital markets …
Persistent link: https://www.econbiz.de/10004970272
innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10005090597
We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods … stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R+D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …
Persistent link: https://www.econbiz.de/10005032031